Used as a key intermediate in the synthesis of bioactive molecules, particularly in the development of pharmaceuticals with potential antimicrobial, anti-inflammatory, and anticancer properties. Its hydrazide functionality allows for easy conversion into various heterocyclic compounds, making it valuable in medicinal chemistry research. Commonly employed in the preparation of Schiff bases and cyclic derivatives that exhibit enhanced biological activity. Also utilized in agrochemical research for designing novel pesticides and herbicides due to its stable aromatic and heterocyclic framework.